Bitcoin
Long

Bitcoin PoV - LONG

60
Bitcoin has a high probability of surpassing 90,000 USD in the coming months. Continuous purchases by MicroStrategy and other institutional investors, along with the growing adoption of Bitcoin as a store of value, are pushing the price towards new highs. Despite volatility, demand for BTC remains strong due to the increasing confidence in cryptocurrencies as a hedge against inflation and the devaluation of fiat currencies.

A drop below 85,000 USD is unlikely in the short term. If it happens, it would only be a temporary correction, with a quick rebound thanks to long-term investors' accumulation buys. Bitcoin has solid support at these levels, and it’s unlikely to stay below 85K for long, as buying opportunities attract strong capital flows.

In summary, Bitcoin is more likely to surpass 90,000 USD than to drop below 85,000 USD in the near future.

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